Latest news with #CCAP
Irish Independent
3 days ago
- General
- Irish Independent
This Cork Tidy Towns group got largest grant for a travel project in the county under climate plan
The combined grants were issued by the Department of Environment, Climate and Communications and in partnership with Cork County Council, and the projects will continue to expand in line with sustainability development goals in Macroom. The strategic grants covered €110,000 of the €120,000 spent on the upgrades to widen the cycleway along Tom Creedon Park and the creation of a pathway in the Tiny Feet Fairy Garden. The cycleway was expanded from three feet wide to 10 feet wide, which is in line with Transport Infrastructure Ireland specifications. The combined grants were issued by the Department of Environment, Climate and Communications and in partnership with Cork County Council, and the projects will continue to expand in line with sustainability development goals in Macroom. Joseph Cronin, Projects Officer and Coordinator with Macroom Tidy Towns and Tiny Feet Fairy Garden Macroom said: 'The Macroom Tidy Towns initiated project in Tom Creedon Park was the largest Travel orientated project funded under the CCAP in Cork. 'The project combines connectivity, improved access for all modes of non-vehicular transport to leisure areas, shopping and local schools,' he said. Under the Cork Co. Council Climate Action Plan 2024-2029, Macroom was selected as the pilot decarbonisation zone town for county Cork. A lot of projects and initiatives since the beginning of 2024 are in relation to climate, biodiversity and sustainability throughout the community and in cooperation with local businesses. Chairperson of Macroom Tidy Towns and Independent Councillor Martin Coughlan said the work in Tom Creedon Park was needed for over 20 years. ADVERTISEMENT 'We saw the need for these projects, especially the ½ mile in the GAA grounds as the existing path was barely wide enough for one person to walk on at three 3 feet wide, let alone two way use for cycles, buggies or wheelchairs. 'We also decided to widen the concrete bridge connection between the Town Park and Tom Creedon Park ourselves with our own resources and the expertise and labour of our own volunteers,' Mr Coughlan said. Both organisations thanked the main contractor, Niall Murphy Tarmacadam, who laid over 2,000 square metres of tarmac to B1 specification. Lisa Manning, Secretary of both organisations said: 'A lot of preparation and planning went into these projects; the community are delighted with them and usage has increased tremendously. 'The Tom Creedon Park project is featured in our Tidy Towns submission this year and is also being entered in the special awards category,' she concluded.
Yahoo
15-05-2025
- Business
- Yahoo
From cradle to career: Building Louisiana's workforce begins with early learning
PeopleImages/Getty Images As someone who has spent much of my career building businesses and investing in the community, I've learned that success doesn't happen by accident. It results from careful planning, strategic investment and a commitment to long-term growth. This approach applies not only to business but also to our most important resource: our children. The future of our state's economy depends on how well we invest in our youngest citizens, and no investment is more impactful than early childhood education. When families can access reliable, high-quality early education for their children, parents can go to work or school, and businesses thrive with a stable workforce. Most importantly, children enter kindergarten ready to succeed and better prepared to become the skilled workers and leaders of the future that our economy depends on. In pro-family, pro-business states like ours, quality child care should be a cornerstone of family stability, worker productivity, and economic growth. Yet in Louisiana, despite years of progress and bipartisan support for early learning, we still fund this essential system as if it's optional. SUBSCRIBE: GET THE MORNING HEADLINES DELIVERED TO YOUR INBOX Nearly 174,000 children under age 5 in Louisiana are in households experiencing economic hardship, yet only one in five have access to high-quality early childhood education. Programs like Head Start, LA 4, and the Child Care Assistance Program (CCAP) are funded through federal and state funds and serve thousands of children, yet the demand still outpaces the supply. While the majority of funding for Louisiana's child care programs comes from the federal government, state lawmakers ultimately decide how those dollars are used — and how much more we invest. The quality of our current and future workforce shouldn't be left solely to decisions made in Washington. Despite investments from all levels of government, more than 116,00 economically disadvantaged Louisiana children, from birth to age 4, still lack access to a high-quality, affordable child care program. Any changes in state and federal funding streams directly and immediately impact our working families, who need access to quality child care the most. Due to inadequate funding, many families are left without affordable, high-quality child care options, leaving our children and their working parents behind. Whether we act or not, Louisiana's future workforce is growing up right now. When we make it possible for children to access early learning programs, the data is clear: they are more likely to graduate from high school, secure well-paying jobs, and contribute to their communities. Failure to act leads to costly outcomes for our future communities and economy. But the gap in funding and access isn't just a future problem — it impacts all of us today. Louisiana currently loses an estimated $1.3 billion annually in lost productivity, tax revenue and turnover costs due to inadequate access to child care. Yet, studies show that every dollar invested in early education returns at least 13% due to higher earnings, reduced social and academic remedial costs, and better long-term health outcomes. It's time for Louisiana to treat early childhood education not as an option but as an essential investment in our present and future. This legislative session, Louisiana lawmakers have the opportunity — and the obligation — to sustain and grow investments in early childhood education. Our children deserve a strong start. Our parents deserve the ability to work. And our state deserves a workforce ready to compete. SUPPORT: YOU MAKE OUR WORK POSSIBLE
Yahoo
14-05-2025
- Business
- Yahoo
Crescent Capital BDC: Q1 Earnings Snapshot
LOS ANGELES (AP) — LOS ANGELES (AP) — Crescent Capital BDC, Inc. (CCAP) on Wednesday reported first-quarter profit of $3.9 million. On a per-share basis, the Los Angeles-based company said it had net income of 11 cents. Earnings, adjusted for investment costs, were 45 cents per share. The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 52 cents per share. The company posted revenue of $42.1 million in the period. Crescent Capital BDC shares have decreased 13% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $16.66, a decrease of 8% in the last 12 months. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on CCAP at Sign in to access your portfolio
San Francisco Chronicle
14-05-2025
- Business
- San Francisco Chronicle
Crescent Capital BDC: Q1 Earnings Snapshot
LOS ANGELES (AP) — LOS ANGELES (AP) — Crescent Capital BDC, Inc. (CCAP) on Wednesday reported first-quarter profit of $3.9 million. On a per-share basis, the Los Angeles-based company said it had net income of 11 cents. Earnings, adjusted for investment costs, were 45 cents per share. The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 52 cents per share. The company posted revenue of $42.1 million in the period. Crescent Capital BDC shares have decreased 13% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $16.66, a decrease of 8% in the last 12 months. _____
Yahoo
12-05-2025
- Business
- Yahoo
Senior industry expert Felix Rose to join Optio Incentives to lead private equity solutions business
BERLIN, May 12, 2025 (GLOBE NEWSWIRE) -- We are excited to welcome Felix Rose to the Optio team as Head of Private Equity Solutions. Felix will lead our new private equity solution business and will be based in Frankfurt, Germany. The SaaS product will allow private equity clients and their portfolio companies to set-up and manage equity incentive programs on the Optio platform in an automated and efficient way. This marks one of Optio's next key growth areas. It builds on the strong presence already established in the DACH region and Southern Europe, following a funding round backed by tech investor CCAP. Felix joins Optio with nearly 30 years of experience across European private and public markets. Throughout his career, including roles at Morgan Stanley Investment Banking, Cinven, and Jamieson Corporate Finance, as well as co-founding and co-managing MPTransaction, he has consistently been involved in public and private M&A transactions and over the last seventeen years he has supported CEOs and business founders in navigating through large and complex private equity transactions. 'Felix brings an incredible depth of insight into how private equity firms operate and where they encounter friction in relation to their management equity programs,' says Christoffer Herheim, Co-founder and CEO of Optio. 'His expertise in Management Equity Plans (MEPs) will be essential as we help firms transition away from manual processes and fragmented tools into fully digital workflows.' In today's market, private equity investors often rely on a patchwork of Word documents, Excel sheets, legal counsel, and large email threads to manage MEPs. This approach is not only resource-intensive, but it also creates risks around compliance, data privacy, and scalability - especially in cross-border deals involving dozens of participants. Optio for Private Equity offers a smarter path forward. The platform simplifies compliance workflows (including KYC), enables secure access and communication for all stakeholders, and includes digital signing functionality for efficient execution of legal MEP documentation. These efficiencies not only reduce costs, but they also make it possible to extend equity participation deeper into portfolio companies, aligning with broader ownership movements like the U.S.-based 'Ownership Works' initiative. 'What attracted me to Optio was more than just the product,' shares Felix. 'It was the team's drive, precision, and entrepreneurial energy. With the right technology, we can empower private equity firms and their portfolio companies to rethink how they design and manage equity incentives not just for the executive team, but for a much broader group of employees.' Looking ahead, Felix envisions a shift across the industry: 'I believe that within the next five to ten years every private equity management incentive program will run on a secure digital platform.' About OptioEstablished in 2018, Optio combines software and deep expertise to manage equity compensation plans for companies of all sizes. The company is trusted by over 500 businesses, with equity plans managed across 100 countries and 15 stock exchanges. Optio's unique ability to support organizations at every stage—from early development to the public market—sets it apart from other providers. By simplifying the complexities of employee incentive programs, Optio helps companies stay compliant, manage equity, report costs accurately, and maximize the benefits of their plans. Learn more on Optio Incentives ASLørenveien 73, 0580 Oslo+47 986 19 877mt@ in to access your portfolio
